Compensation Principal

Wellington Management Co; Boston (MA); On-site; USD 120,000 - 225,000; Full time

Benefits offered by this job

Comprehensive benefits including health and retirement plans

Flexible working environment

Corporate bonus and/or incentives

Job summary

Wellington Management Company is looking for a Compensation Principal in Boston, MA, to act as a business partner and provide advice on compensation matters. This role involves analyzing market trends and ensuring competitive compensation structures.

The ideal candidate will have a strong analytical background and at least 7 years of experience in compensation. The position offers a salary between USD 120,000 and 225,000, with comprehensive benefits and a flexible work environment.

Qualifications

• Minimum of 7 years of relevant experience in a compensation role.
• Exceptional analytical and numeracy skills, comfortable with data.
• Strong project management skills and ability to work independently.

Responsibilities

• Point of contact for business leaders regarding compensation.
• Undertake market competitive analysis and share findings.
• Advise on compensation levels for new hire offers.

Skills

Analytical skills

Interpersonal skills

Project management

Customer-service orientation

Education

Bachelor’s degree

Job description

Job Title

Compensation Principal

Job Description

The Compensation Principal acts as a business partner and subject‑matter expert to provide consultation, analysis, and advice to Human Resources Relationship Managers, business leaders, and managers regarding compensation matters. The role has high visibility and requires a consulting style approach to partner with HR on a variety of compensation initiatives.

Responsibilities

• Point of contact for business leaders, HR and managers for compensation related matters (within designated business groups).
• Proactively share insights into compensation market trends impacting the various business areas.
• Undertake market competitive analysis and share findings internally.
• Ensure compensation structures and levels are competitive to attract and retain employees.
• Advise on compensation levels for new hire offers and conduct supporting analysis.
• Work as part of the Global Compensation team to design and manage base pay and corporate bonus programs.
• Support the delivery of the annual compensation review cycle.
• Undertake projects such as in‑depth analysis or development of compensation structures for new roles or business areas.
• Collaborate to develop procedures, analytics, and compensation reporting, including preparation of content for Compensation Committees.
• Participate in industry network forums to stay abreast of trends.
• Help ensure that the firm’s policies are current with regard to market trends, practices, and costs.

Qualifications

• Comprehensive knowledge and experience of compensation/reward practices.
• Minimum of 7 years of relevant experience in a compensation role, either in‑house or in consulting.
• Financial Services background preferred.
• Exceptional analytical and numeracy skills; comfortable working with large amounts of data and communicating findings.
• Customer‑service orientation with a demonstrated desire to exceed expectations.
• Excellent written and verbal communication skills, with the ability to translate data findings into clear and concise documents and presentations.
• High attention to detail and capability to see the broader picture.
• Hands‑on, roll‑your‑sleeves attitude.
• Proactive and creative, willing to make recommendations and exercise initiative.
• Strong cross‑cultural awareness, sensitivity, and high level of confidentiality.
• Problem‑solving ability and independent judgment using analytical and consulting skills.
• Strong project management skills, including developing project plans, scoping, and ensuring execution and delivery.
• Excellent interpersonal skills, comfortable interacting with people at all levels.
• Ability to work independently and in a team environment; use discretion in uncertain, changing situations.
• Bachelor’s degree.

Location

280 Congress

Benefits and Compensation

• Base salary range: USD120,000–225,000.
• Other rewards may include a discretionary Corporate Bonus and/or Incentives, if eligible.
• Comprehensive benefits: retirement plan, health and wellbeing coverage, dental, vision, pharmacy coverage, health savings account, flexible spending accounts, commuter program, employee assistance program, life and disability insurance, adoption assistance, back‑up childcare, tuition/CFA reimbursement, and paid time off (leave of absence, paid holidays, volunteer, sick and vacation time).
• Work environment: 4 days in office with flexibility to work remotely 1 day a week.

Equal Opportunity Statement

As an equal opportunity employer, Wellington Management considers all qualified applicants for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information, or any other characteristic protected by applicable law.

If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at [e-mail].